Explore unparalleled luxury at Faena Residences Miami, an iconic waterfront development by the visionary duo of architect Rafael Viñoly and developer Alan Faena. Nestled on the esteemed Miami Riverfront, this project elevates luxury living with its unique river district setting. The Faena brand, synonymous with elegance, art, and distinction, defines the community, offering residents an opulent lifestyle enriched by cultural experiences.

Reserve your future home today with a minimal 5% deposit. Our sales gallery, offering both virtual and in-person appointments, is set to open by the end of the year. With one-bedroom residences starting at $1.29 million and a variety of layouts available, seize this exclusive opportunity.

Features of Faena Residences Miami include:

• A prime location in the Faena River District
• 220 luxurious units over 60 floors, completing in 2028
• Units range from 712 to 7,676 square feet, priced from $1 million to $6.5 million
• Valet parking, with six-month minimum rentals permitted twice a year
• Developed by Fortune International Group and KAR Properties; architecture by Rafael Viñoly; interiors by Bryan O’Sullivan Studio; landscape architecture by Sasaki Studio

Exceptional Building Amenities:

• 45,000 square feet of amenity space including a floating Sky Bridge
• Marina, gourmet dining, and wellness centers
• Club Room, Cigar Lounge, Wine Cellar, Screening Room
• Public Art Installations and a Private Park

Exclusive Residence Features:

• Private elevators and ceilings up to 12 feet high
• Spacious terraces with panoramic views
• Spa-like bathrooms, advanced climate control, and smart home technology

Deposit Schedule:

• 5% initial deposit (fully refundable)
• Incremental payments leading to 50% due at closing

Construction is anticipated to start in early 2026, with sales launching in Q4 of 2024. Faena Residences Miami aims to redefine the Miami lifestyle and skyline with a focus on wellness and longevity. Supported by a significant loan for sales and marketing, this exceptional development promises a life of unparalleled luxury and cultural richness.

For expert guidance on Miami's condo market, including the latest listings and insights, contact Steve Samuels at Oceanfront Realty at 305-494-1767 to learn more about Faena Residences Miami and other premium properties. We offer detailed information including pricing, photos, floor plans, and more. At 3501 Northeast First Avenue, the proposed 48-story luxury tower with 320 units lies near the Miami Design District and the Shops at Midtown Miami, blending opulence with convenience in a prime location.

Introducing Faena Residences: Miami's Exclusive New Enclave

Faena, alongside Fortune International Group and KAR Properties, is thrilled to announce the Faena District Miami River. Occupying a privileged position at 90 Southwest 3rd Street, this emerging cultural epicenter nestles in Miami's sole 14-acre private park adjacent to the Miami River, and is gearing up to be a pulsating nucleus for art, culture, and sophisticated living.

One of the last works of esteemed architect Rafael Viñoly, this project will stand as a testament to his influential architectural career. Faena Residences Miami will transform the Miami skyline with its pair of impressive towers, housing 440 premier homes. Located on a 1.8-acre parcel bordered by Southwest 4th Street, South Miami Avenue, and the Miami River, the venture also boasts a cultural center spanning 45,000 square feet over two floors. This highlights Faena's commitment to excellence and innovation in design. Sales are set to commence in Q4 of 2024, aiming to inject a fresh architectural and cultural vibrancy into the city.

Alan Faena articulates his vision, "Continuing what we have created in Miami Beach, our goal is to forge a community that mirrors our philosophy – a confluence of art, cultural depth, wellness, and sophisticated design. The new Faena District by the river encapsulates our trademark ethos within one of Miami's most thriving environments, emphasizing a resident-centric design that fosters well-being."

Faena Miami Price Guide:

• 1 Bedroom: from $1.2 million (712 to 960 sq. ft.)
• 1 Bedroom + Den: from $1.9 million
• 2 Bedrooms: from $1.8 million (1,250 to 1,585 sq. ft.)
• 2 Bedrooms + Den: from $3.2 million (1,782 sq. ft.)
• 3 Bedrooms: from $3.4 million (2,046 to 2,224 sq. ft.)
• 3 Bedrooms + Den: from $4 million (2,196 to 2,820 sq. ft.)
• 4 Bedrooms: from $6 million (3,171 sq. ft.)
• River Lofts: from $2.1 million
• Details for Sky Lofts and Penthouses: pending release.

Faena Miami provides a luxurious lifestyle with unparalleled amenities in one of Miami’s most desirable areas.

Introducing the Faena District Miami River:

This exciting new cultural district at 90 Southwest 3rd Street will transform Miami's riverfront. Developed by Fortune International Group, KAR Properties, and led by the visionary Alan Faena, this project will feature two towers designed by the renowned Rafael Viñoly Architects within a private 1.8-acre parcel enveloped by 14 acres of private parkland.

A 45,000-square-foot cultural center will become the heart of Faena Residences Miami, linking the towers and promoting a vibrant cultural scene. Sales are expected to begin in late 2024, offering a unique opportunity for sophisticated riverfront living, cultural enrichment, and community interaction.

Project Vision:

Alan Faena stated, “Building on our Miami Beach heritage, our goal is to create a community merging art, culture, wellness, and visionary design. The Faena District on the river will exemplify this spirit, focusing on resident-centered design for enhanced well-being and joyful living.”

The project will span three blocks, incorporating cultural venues, health amenities, a marina, leisure areas, and outdoor artistic expressions. Faena Residences Miami aims to significantly contribute to the local culture, promote social interactions, and extend the creative spirit from the Miami Beach Faena District.

In the News:

As reported by The Real Deal, Edgardo Defortuna of Fortune International Group and Shahab Karmely of KAR Properties are collaborating on this transformative venture. The Faena Residences are slated to feature 440 luxury units within two interconnected towers at 90 Southwest Third Street, a location previously designated for One River Point by KAR Properties.

Before his passing, acclaimed architect Rafael Viñoly designed the distinctive towers in our upcoming project. These towers, soon to be connected by an elegant sky bridge, reflect Fortune's partnership with us established in late 2022.

We anticipate releasing sales later this year, with homes starting at $1 million. A selection of premium residences will be available from $4 million. "By Art Basel, we aim to be fully operational," said Defortuna, emphasizing the project's strategic launch.

This anticipated real estate venture represents Faena's second foray into South Florida, following the success of the Faena District in Miami Beach, which garnered support from billionaire Len Blavatnik and includes luxury components such as Faena House, Faena Hotel, and Faena Forum.

Set on the Miami River's edge, the expansive project will cover three city blocks featuring phased construction. It will include a private park, wellness centers, a marina, and public art spaces. The unique sky bridge will enable access to a 45,000-square-foot amenity complex by Faena, ensuring residents a lifestyle experience without parallel.

Defortuna praises Alan Faena's vision, confident that this project will redefine the local living standard with amenities centered on longevity and wellness.

Construction is expected to commence in early 2026.

Fortune International Group and KAR Properties recently secured a $38 million credit facility from Bank OZK to facilitate sales and marketing endeavors.

Originally unveiled in 2014 by Shahab Karmely, the project's twin towers stand 60 stories high. Features may include an 85-foot waterfall, a mesmerizing three-story glass sky bridge, and a private "Sky Club" on the 55th floor, complete with fine dining, a cigar lounge, wine cellar, and private screening room.

A 2022 analysis by The Real Deal indicated nearly a dozen projects along the Miami River in development, poised to add over 10,500 residential units.

On the river's south bank, Related Group is planning to erect Baccarat, a part of a three-tower complex which will soar to 75 floors and house 355 units at 99 Southeast Fifth Street.

The Faena brand continues to build on South Florida’s heritage of signature branded projects.

Joining the trend is Michelin-starred chef Jean-Georges Vongerichten. In partnership with Terra's David Martin and Lion Development Group's Michael Simkins, he plans to launch the Jean-Georges Miami Tropic Residences. This 48-story tower, featuring 320 units, will be situated at 3501 Northeast First Avenue, enriching the Miami Design District's luxury residential market.

Register today to get exclusive updates and immerse yourself in the grandeur of the Faena Residences in Miami. For further details, call 305.494.1767.

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Faena Residences Miami: Building Amenities

• Sky Bridge: An architectural marvel featuring a two-story, 45,000-square-foot amenity space.
• Marina: Access to a private marina.
• Dining: On-site gourmet restaurants.
• Wellness: Fully equipped wellness facilities.
• Art: Dedicated spaces for public art.
• Leisure: A club room, cigar lounge, wine cellar, and screening room for entertainment and relaxation.
• Nature: A lush, private park.

Faena Residences Miami: Residential Features

• Privacy: Direct entry into your home via private elevators.
• Spaciousness: Ceilings ranging from 10 to 12 feet and 12-foot deep, glass-enclosed terraces for expansive outdoor living.
• Luxury Bathrooms: Spa-inspired bathrooms with walk-in rain showers and luxurious tubs.
• Climate Control: Multi-zone climate system integrated with state-of-the-art smart home technology.